Raymond James & Associates Has $472,000 Stock Position in EZCORP, Inc. (NASDAQ:EZPW)

Raymond James & Associates lessened its stake in EZCORP, Inc. (NASDAQ:EZPW) by 13.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 54,000 shares of the credit services provider’s stock after selling 8,750 shares during the quarter. Raymond James & Associates owned about 0.10% of EZCORP worth $472,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. DekaBank Deutsche Girozentrale acquired a new position in shares of EZCORP in the 3rd quarter valued at approximately $90,000. AXQ Capital LP acquired a new position in EZCORP during the third quarter valued at approximately $112,000. Corton Capital Inc. acquired a new position in EZCORP during the third quarter valued at approximately $123,000. Illinois Municipal Retirement Fund bought a new stake in EZCORP during the third quarter worth $251,000. Finally, Aigen Investment Management LP boosted its holdings in shares of EZCORP by 203.2% in the 3rd quarter. Aigen Investment Management LP now owns 33,022 shares of the credit services provider’s stock valued at $272,000 after purchasing an additional 22,131 shares in the last quarter. Institutional investors own 99.83% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on EZPW. Canaccord Genuity Group upped their price objective on EZCORP from $17.00 to $18.00 and gave the stock a “buy” rating in a research report on Tuesday, April 16th. TheStreet raised shares of EZCORP from a “c+” rating to a “b-” rating in a report on Thursday, February 15th. Finally, StockNews.com downgraded shares of EZCORP from a “strong-buy” rating to a “buy” rating in a research note on Friday, March 29th.

Insider Transactions at EZCORP

In related news, CRO Nicole Swies sold 2,250 shares of the firm’s stock in a transaction that occurred on Monday, April 1st. The shares were sold at an average price of $11.38, for a total value of $25,605.00. Following the completion of the transaction, the executive now owns 71,458 shares in the company, valued at approximately $813,192.04. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Company insiders own 2.13% of the company’s stock.

EZCORP Stock Up 2.6 %

Shares of NASDAQ:EZPW opened at $11.36 on Friday. EZCORP, Inc. has a 52-week low of $7.70 and a 52-week high of $11.52. The company has a market capitalization of $626.50 million, a PE ratio of 17.57 and a beta of 1.15. The company has a debt-to-equity ratio of 0.42, a quick ratio of 3.08 and a current ratio of 4.00. The company has a fifty day moving average of $10.79 and a 200-day moving average of $9.41.

EZCORP (NASDAQ:EZPW) last issued its quarterly earnings data on Wednesday, January 31st. The credit services provider reported $0.36 earnings per share for the quarter, topping analysts’ consensus estimates of $0.29 by $0.07. The business had revenue of $299.99 million for the quarter, compared to analyst estimates of $303.66 million. EZCORP had a return on equity of 10.37% and a net margin of 4.62%. On average, equities analysts predict that EZCORP, Inc. will post 1.05 EPS for the current fiscal year.

EZCORP Company Profile

EZCORP, Inc provides pawn services in the United States and Latin America. The company operates through three segments: U.S. Pawn, Latin America Pawn, and Other Investments. The company offers pawn loans collateralized by tangible personal property, jewelry, consumer electronics, tools, sporting goods, and musical instruments.